Vention, a developer of artificial intelligence-powered software and hardware for automation and robotics, announced Tuesday that it has secured $110 million in fresh financing, a cash infusion aimed at scaling what the company calls a new era of manufacturing automation.
The company, advised by Norton Rose Fulbright, said the funding will fuel wider deployment of its Zero-Shot Automation approach — a system designed to roll out automation seamlessly, without the long commissioning cycles that have traditionally slowed factories down.
A Single Platform, Thousands of Factories
Vention said its platform weaves together hardware, software, physical artificial intelligence and cloud connectivity into a single, integrated experience. That model is already operating at scale: more than 25,000 machines have been deployed globally, serving over 4,000 factories, according to the company.
“The most innovative manufacturers are choosing Vention not for a single project, but as a company-wide automation platform,” founder and CEO Etienne Lacroix said in a statement. “This financing allows us to serve these customers at an even greater scale.”
